reserve currency
-
The Yen Crisis is a Tsunami Like No Other on the Dollar Hegemony
How Japan’s Financial Collapse Threatens to Trigger a Systemic Breakdown of the Global Dollar System Philip Pilkington’s analysis reveals that Japan’s financial instability represents the most immediate threat to the entire dollar-based international monetary system, with the yen functioning as the “canary in the coal mine” that signals an impending systemic collapse. The yen carry… Continue reading
-
A Marxist critique of the European push for war with Russia
European elites are accelerating the push toward direct military confrontation with Russia not to defend democratic values or territorial integrity, but to preserve their own class power and wealth The central argument is that European elites are accelerating the push toward direct military confrontation not to defend democratic values or territorial integrity, but to preserve… Continue reading
AI and Digital Control, America, China, economics, Energy, EUROPE, Financial markets, Foreign Policy, Geopolitics, Global Finance, imperialism, iran, israel, Mineral Resources, NATO, neocolonialism, politics, reserve currency, Russia, waranti-war movement, austerity, BRICS, class struggle, colonialism, EUROPE, Global South exploitation, imperialism, imperialist war, Marxism-Leninism, multipolarity, NATO expansion, neoliberalism, primitive accumulation, Professor Richard Wolff, proletariat, Recolonisation, ruling class, Russia, Ukraine war -
Europe’s Recolonisation Project
How the Push for War With Russia Serves the Bourgeoisie’s Desperate Need to Revive a Dying System Editorial Analysis | August 2026 The war in Ukraine, which has now entered its fourth year, is not fundamentally a conflict about territorial integrity, national self-determination, or the defence of de mocratic values. These are the narratives presented… Continue reading
AI and Digital Control, America, economics, Energy, EUROPE, Financial markets, Foreign Policy, Geopolitics, Global Finance, imperialism, iran, israel, Mineral Resources, NATO, neocolonialism, reserve currency, Russia, waranti-war movement, austerity, BRICS, class struggle, colonialism, EUROPE, Global South exploitation, imperialism, imperialist war, Marxism-Leninism, multipolarity, NATO expansion, neoliberalism, primitive accumulation, Professor Richard Wolff, proletariat, Recolonisation, ruling class, Russia, Ukraine war -
The Petro-less Dollar
How Washington’s War on Iran Has Undermined the Financial Foundation of American Power The interruption of crude oil trade through the Strait of Hormuz and the Red Sea has produced an outcome that Washington’s strategic planners almost certainly did not anticipate when they launched military operations against Iran in February 2026 (1). Throughout the entire… Continue reading
-
The Capture of Knowledge
How Wikipedia’s Transformation Into an Establishment Mouthpiece Is Poisoning the Well of Artificial Intelligence Editorial Analysis | August 2026 The American philosopher and internet pioneer Larry Sanger, who served as editor-in-chief of Nupedia and co-founded Wikipedia in 2001, has issued a damning assessment of the project he helped bring into existence. Twenty-five years after coining… Continue reading
-
The Point of No Return?
Why Moscow May Soon Conclude That Striking Drone Facilities in Poland and the Baltics Is a Strategic Necessity General Article | August 2026 The public mood inside Russia has undergone a significant transformation in recent months, driven by the steady expansion of Ukrainian drone strikes into the country’s interior and the increasing frequency with which… Continue reading
-
Japan Got There First
How decades of economic stagnation turned Japan into a preview of the social crisis now spreading across the West General Article | August 2026 The tendency within Western media to frame Japan as an exotic curiosity, a place where human behaviour is filtered through an inscrutable cultural lens and presented as evidence of deep national… Continue reading
-
The Mask of Western Liberalism Has Slipped
Western Industrial Policy and the Abandonment of Market Orthodoxy Exposes the Class War in the Face of Chinese Competition The ideological edifice upon which Western global dominance was constructed has collapsed with remarkable speed. For decades, the United States and its allies justified their hegemony through a simple formula that presented liberal democracy and free… Continue reading
-
Treasury Secretary Bessent Demands Fed Expansion as Yen Crisis Threatens Global Bond Markets
Washington and Tokyo scramble to prevent Japanese fire sale of $1.14 trillion in US debt as currency intervention proves insufficient The United States Treasury has effectively placed the Federal Reserve on notice, demanding the expansion of a little-known emergency lending facility as the deepening yen crisis threatens to trigger a fire sale of American government… Continue reading
-
The Yen Crisis and the Unravelling of Dollar Hegemony
The Yen Crisis and the Unravelling of Dollar Hegemony: How America’s Energy War Is Breaking Its Own Financial System Editorial Analysis | August 2026 Japan’s currency has experienced its most dramatic decline in four decades, with the yen plunging to 163.99 per American dollar on 23 July 2026, a level not witnessed since 1986. This… Continue reading
